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re: Lnglf.....who has been stocking up?
Posted on 11/18/15 at 4:19 pm to L S Usetheforce
Posted on 11/18/15 at 4:19 pm to L S Usetheforce
quote:
Why hasn't it been executed? Some are shopping, others say timid market for long term commitment.
This is the big thing that is hurting LNG. It's competition (all based on crude prices) is now much cheaper. The last conference I was at the speaker (many years in the natural gas and NGLs market) said "You'd have to be nuts to build a LNG plant without contracted commitments in this environment."
1
Posted on 11/18/15 at 7:27 pm to LSU0358
This is true but their overhwhelming advantage is the game is the osmr technology to refine it cheaper than anybody. And it's why they survive over others in the market
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